Corning Reaches Milestone in Photovoltaic Glass Program With First Commercial Order

Corning Incorporated (NYSE: GLW) announced today its first commercial order for photovoltaic glass substrates. This milestone order follows three years of development work and extensive customer engagement, resulting in an engineered glass that enables higher efficiency and lighter weight thin-film photovoltaic modules. The PV glass substrates will ship immediately.

“We understand the current market challenges for photovoltaics and the focus on delivering cost-effective solar energy solutions. Clearly, energy conversion efficiency is integral to addressing these challenges. Therefore, we are very excited about this initial deployment of Corning's PV glass substrates and their ability to deliver on such an important need in the advancement of thin-film PV solutions,” said Dr. Gary Calabrese, senior vice president, Corning New Business Development. “The substantial efficiency improvement of our glass technology has been demonstrated in lab and customer trials. Now, this order validates the need for engineered glass to drive higher conversion efficiency and can provide module makers with a competitive advantage.”